Monday, August 19, 2019

Could Eminent Domain Be The Zombie Mall Slayer?

bisnow.com
After 45 years in business, and recent years of struggle, the Swansea Mall in the town of Swansea, Massachusetts, closed its doors for good in April.

A new owner is now trying to breathe life into the mall, but is blocked from being able to do much given a set of restrictive covenants Walmart imposed on the property in 2012 under previous ownership. Now, Swansea’s top elected officials are aiming to eliminate those restrictions by advocating the use of a power unique to governments, one that more and more municipalities around the country are looking to use: eminent domain. . . . more